Search results
Results from the WOW.Com Content Network
In the beginning of the crisis, Venezuela's credit ratings were downgraded to "junk territory" or below investment grade with negative outlooks according to most rating agencies. [ 93 ] [ 76 ] [ 94 ] In a little more than one year, Standard and Poor's downgraded Venezuela's credit rating three times; from B+ to B in June 2013, [ 95 ] B to B− ...
It is the worst economic crisis in Venezuela's history, and the worst facing a country in peacetime since the mid-20th century. The crisis is often considered more severe than the Great Depression in the United States, the 1985–1994 Brazilian economic crisis, or the 2008–2009 hyperinflation in Zimbabwe. [5]
An October 2020 report published by the Washington Office on Latin America (WOLA) by Venezuelan economist Luis Oliveros found that "while Venezuela's economic crisis began before the first U.S. sectoral sanctions were imposed in 2017, these measures 'directly contributed to its deep decline, and to the further deterioration of the quality of ...
The 2024 Venezuelan political crisis refers to the ongoing crisis in Venezuela that was aggravated after the 2024 Venezuelan presidential election results were announced. [ 1 ] [ 2 ] [ 3 ] The 2024 election was held to choose a president for a six-year term beginning on 10 January 2025.
The President of the Bolivarian Republic of Venezuela is ORDERED, in accordance with the provisions of Article 236.4, in accordance with the provisions of Articles 337 et seq. eiusdem (see Ruling Nº 113 of 20 March 2017), among others, to proceed to exercise such international measures as he deems appropriate and necessary to safeguard the ...
This has pitted him against a growing number of countries, including the United States, Italy, Argentina, Costa Rica, Ecuador, Panama, Peru and Uruguay, which have recognised González as the ...
The 2024 Venezuelan blackouts were a series of interruptions to Venezuela's electrical service nationwide. The interruptions began on 27 August with a blackout that affected 12 states in the country at around 7:12 pm VET, [1] [2] lasting until service restorations began at approximately 8:30 pm. [3] On 30 August, another blackout was recorded that left more than 20 states in the country ...
Bill Clinton is one proud grandpa!. On Monday, Nov. 25, the former President of the United States, 78, appeared on an episode of Live with Kelly and Mark and spoke about how he and the former ...